NPR is talking about smart card purses...

[John Young]

Responding to msg by rah at shipwright.com (Robert Hettinga) on 
Wed, 10 Apr  5:53 PM

>Chase, Citi, MC and others are offering a stored value 
>card on the west  side of Manhattan. They're saying 
>that smart cards are faster than cash.  Stick the card 
>in, say yes to the amount.  The terminals are wired 
>directly  to a bank account, so we're looking at a book 
>entry system, it looks  like...
>
>The announcer is breathless at the possibilities....
>
>I wonder if this is CAFE, Mondex, or what? anyone 
>know?

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Yep, NYT has a story on it today, the testrun is in my own 
pigsty.


It's by Citibank, Chase Manhattan, Mastercard and Visa: 
electronic cash loaded on a plastic card that can be used to 
make small purchases.


The article also reviews the state of the art.


Wanna see it from me, or try http://www.nytimes.com?